J. Titterton - Nov 4, 2022 Form 4 Insider Report for Zendesk, Inc. (ZEN)

Role
Chief Operating Officer
Signature
/s/ Albert Yeh via Power-of-Attorney for Jeff J. Titterton
Stock symbol
ZEN
Transactions as of
Nov 4, 2022
Transactions value $
-$51,891
Form type
4
Date filed
11/8/2022, 05:59 PM
Previous filing
Oct 24, 2022
Next filing
Nov 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEN Common Stock Options Exercise +235 +11.41% 2.3K Nov 4, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$8.93K -117 -5.1% $76.31 2.18K Nov 4, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +272 +12.49% 2.45K Nov 4, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$10.3K -135 -5.51% $76.31 2.32K Nov 4, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +221 +9.55% 2.54K Nov 4, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$8.39K -110 -4.34% $76.31 2.43K Nov 4, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +77 +3.17% 2.5K Nov 4, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$2.98K -39 -1.56% $76.31 2.46K Nov 4, 2022 Direct F2
transaction ZEN Common Stock Options Exercise +562 +22.81% 3.03K Nov 4, 2022 Direct F1
transaction ZEN Common Stock Tax liability -$21.3K -279 -9.22% $76.31 2.75K Nov 4, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZEN Restricted Stock Unit Options Exercise $0 -235 -33.24% $0.00 472 Nov 4, 2022 Common Stock 235 Direct F1, F3, F4
transaction ZEN Restricted Stock Unit Options Exercise $0 -272 -6.25% $0.00 4.08K Nov 4, 2022 Common Stock 272 Direct F1, F4, F5
transaction ZEN Restricted Stock Unit Options Exercise $0 -221 -3.57% $0.00 5.98K Nov 4, 2022 Common Stock 221 Direct F1, F4, F6
transaction ZEN Restricted Stock Unit Options Exercise $0 -77 -3.33% $0.00 2.23K Nov 4, 2022 Common Stock 77 Direct F1, F4, F7
transaction ZEN Restricted Stock Unit Options Exercise $0 -562 -2.5% $0.00 21.9K Nov 4, 2022 Common Stock 562 Direct F1, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents the number of shares withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.
F3 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of January 15, 2019, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F4 Shares issuable pursuant to restricted stock units (RSUs) originally scheduled to vest on November 15, 2022, but which vesting was accelerated to November 4, 2022, in order to facilitate the settlement of taxes due upon vesting of such RSUs, in advance of the closing of the acquisition of the Issuer by an investor group led by Permira Advisers LLC and Hellman & Friedman LLC.
F5 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2020, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F6 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2021, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
F7 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of April 15, 2021, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.Remarks:
F8 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of February 15, 2022, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.